The rockwell electronics corporation retains a service crew to repair machine breakdowns that occur on an average of l = 3 per day (approximately poisson in nature). the crew can service an average of m = 8 machines per day, with a repair time distribution that resembles the exponential distribution. (a) what is the utilization rate of this service system? (b) what is the average downtime for a machine that is broken? (c) how many machines are waiting to be serviced at any given time? (d) what is the probability that more than one machine is in the system? probability that more than two are broken and waiting to be repaired or being serviced? more than th
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At december 31, 2016, pina corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,810 shares $10,781,000 common stock, $5 par, 4,026,000 shares 20,130,000 during 2017, pina did not issue any additional common stock. the following also occurred during 2017. income from continuing operations before taxes $21,950,000 discontinued operations (loss before taxes) $3,505,000 preferred dividends declared $1,078,100 common dividends declared $2,300,000 effective tax rate 35 % compute earnings per share data as it should appear in the 2017 income statement of pina corporation
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The rockwell electronics corporation retains a service crew to repair machine breakdowns that occur...
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